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Find similar grantsIndependent Colleges Capital Investment Grant Program is sponsored by Illinois Board of Higher Education. Provides capital improvement grants to independent colleges in Illinois.
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CSFA | GATA | Illinois. gov Independent Colleges Capital Investment Grant Program Board Of Higher Education (601) The Board of Higher Education, jointly with the Capital Development Board, has established a Capital Investment Grant Program for independent colleges.
The Capital Development Board shall, subject to appropriation, and subject to direction by the Board of Higher Education, make capital improvement grants to independent colleges in Illinois. The Build Illinois Bond Fund shall be the source of funding for the program.
Eligible grant recipients shall be independent colleges that offer facilities and services in a manner that supports and fulfills the mission of the Board of Higher Education. Eligible grant recipients have no entitlement to a grant under this Section.
Illinois Statue Authorization Private Colleges and Universities Capital Distribution Formula Act [30 ILCS 769/25], Build Illinois Act [30 ILCS 750], and Section 4 of Build Illinois Bond Act [30 ILCS 425] Illinois Administrative Rules Authorization In order to be eligible, institutions shall be Independent Colleges as follows and meet all other requirements of the Act: Independent Colleges has the same meaning as prescribed in Section 25-5 of the Act.
In addition, non-public, non-profit institutions that have been in continuous operation and granted degrees within the State of Illinois before the effective date of the Private College Act, July 17, 1945, [110 ILCS 1005/2] or the Academic Degree Act, August 14, 1961, [110 ILCS 1010/4] and have not modified the business entity since the effective dates of those Acts.
Institutions that are solely authorized under the Private Business and Vocational Schools Act [105 ILCS 426] are not independent colleges for purposes of the Act. In order to be eligible, institutions must be in compliance with any surveys and evaluations required by the Board pursuant to Section 9. 01 of the Board of Higher Education Act [110 ILCS 205].
The surveys and evaluations are required to determine each institution's full time equivalent enrollment (FTE), as defined by Section 25-5 of the Act. To ensure the validity and reliability of the FTE measures used in the disbursement calculations, institutions must also follow all Board requests for aggregate information and student-level data pursuant to the P-20 Longitudinal Education Data System Act [105 ILCS 13].
Each institution must be determined qualified pursuant to GATA and 44 Ill. Adm. Code 7000.
70. Institutions that the United States Department of Education places on either the Heightened Cash Monitoring payment method (HCM2) or the reimbursement payment method, as authorized under 34 CFR 668. 162, are not eligible.
Independent colleges does not include: 1) Any institution that primarily or exclusively provided online education services as of the fall 2017 term.
(Section 25-5 of the Act) For the purposes of this definition, primarily or exclusively provided online education services means greater than 75 percent of the courses offered by the institution; and 2) Any institution primarily used for sectarian instruction, as a place of religious teaching or worship or for any religious denomination or the training of ministers, priests, rabbis, or other professional persons in the field of religion; for the purposes of this definition, primarily used means greater than 75 percent of the students are enrolled in theology and religious vocation programs.
Credentials / Documentation Preapplication Coordination Application procedures to be posted on Illinois Board of Higher Education website at www. ibhe. org.
Criteria Selecting Proposals In order to be eligible, institutions shall be Independent Colleges as follows and meet all other requirements of the Act: Independent Colleges has the same meaning as prescribed in Section 25-5 of the Act.
In addition, non-public, non-profit institutions that have been in continuous operation and granted degrees within the State of Illinois before the effective date of the Private College Act, July 17, 1945, [110 ILCS 1005/2] or the Academic Degree Act, August 14, 1961, [110 ILCS 1010/4] and have not modified the business entity since the effective dates of those Acts.
Institutions that are solely authorized under the Private Business and Vocational Schools Act [105 ILCS 426] are not independent colleges for purposes of the Act. In order to be eligible, institutions must be in compliance with any surveys and evaluations required by the Board pursuant to Section 9. 01 of the Board of Higher Education Act [110 ILCS 205].
The surveys and evaluations are required to determine each institution's full time equivalent enrollment (FTE), as defined by Section 25-5 of the Act. To ensure the validity and reliability of the FTE measures used in the disbursement calculations, institutions must also follow all Board requests for aggregate information and student-level data pursuant to the P-20 Longitudinal Education Data System Act [105 ILCS 13].
Each institution must be determined qualified pursuant to GATA and 44 Ill. Adm. Code 7000.
70. Institutions that the United States Department of Education places on either the Heightened Cash Monitoring payment method (HCM2) or the reimbursement payment method, as authorized under 34 CFR 668. 162, are not eligible.
Independent colleges does not include: 1) Any institution that primarily or exclusively provided online education services as of the fall 2017 term.
(Section 25-5 of the Act) For the purposes of this definition, primarily or exclusively provided online education services means greater than 75 percent of the courses offered by the institution; and 2) Any institution primarily used for sectarian instruction, as a place of religious teaching or worship or for any religious denomination or the training of ministers, priests, rabbis, or other professional persons in the field of religion; for the purposes of this definition, primarily used means greater than 75 percent of the students are enrolled in theology and religious vocation programs.
Range of Approval or Disapproval Time Formula Matching Requirements Funds appropriated for this purpose shall be distributed by the Board of Higher Education through a formula to independent colleges that have been given operational approval by the Board of Higher Education as of the Fall 2017 term. The distribution formula shall have 2 components: a base grant portion of the appropriation and an FTE grant portion of the appropriation.
Each independent college shall be awarded both a base grant portion of the appropriation and an FTE grant portion of the appropriation.
The Board of Higher Education shall distribute moneys appropriated for this purpose to independent colleges based on the following base grant criteria: for each independent college reporting between 1 and 200 FTE a base grant amount of $200,000 shall be set; for each independent college reporting between 201 and 500 FTE a base grant amount of $1,000,000 shall be set; for each independent college reporting between 501 and 4,000 FTE a base grant amount of $2,000,000 shall be set; and for each independent college reporting 4,001 or more FTE a base grant amount of $5,000,000 shall be set.
If appropriations exceed the total aggregate amount of the base grants determined pursuant to subsection (c), then additional grant amounts may be set by the Board of Higher Education.
The additional grants shall be distributed by the Board of Higher Education to each eligible independent college on a per capita basis as determined by the independent college's FTE as reported by the Board of Higher Education's most recent fall FTE report. Grant funds may be used for services and goods directly related to an eligible capital project that are not prohibited below.
Grants will be awarded only for capital projects as defined below. Capital Projects means the construction, repair, renovation, and miscellaneous capital improvements, including the planning, engineering, acquisition, reconstruction, remodeling, improvement, repair and installation of capital facilities and costs of planning, supplies, equipment, materials, services, and all other required expenses.
[30 ILCS 425/4(c)] Capital projects do not include the following: The use of funds for purposes barred by the Act; 1) The repair, renovation or construction of facilities used for sectarian instruction, religious worship or a school or department of divinity, or in which a majority of the functions of the facilities are subsumed in a religious mission.
For the purposes of this grant, a "school or department of divinity" means an institution, or a department of an institution, whose program is specifically for the education of students to prepare them to become ministers of religion or to enter upon some other religious vocation, or to prepare them to teach theological subjects; and 2) The repair, renovation or construction of the proportional share of joint use facilities that either: provide personal residential space for owners, administrators, or persons who are not students of the institution; or provide office, retail or storage space used for business activities unrelated to the educational mission of the institution.
Grant funds shall not be used for the following: 1) Expenses incurred prior to the execution of a grant agreement. 2) Capital projects built on leased property. 3) Operational and administrative expenses (e.g., travel, recurring supplies or other recurring expenditures).
5) Expenditures for leasing or rental of equipment and/or capital facilities. 6) Decorative models, plaques and other commemorative memorabilia. 7) Commodity-type consumable items having a relatively brief expected useful life (e.g., books, instructional consumables).
8) Expenditures for services or goods not directly associated with an eligible capital project. 10 Years after completion of any capital project made under this program. Range and Average of Financial Assistance The Board of Higher Education, jointly with the Capital Development Board, has established a Capital Investment Grant Program for independent colleges.
The Capital Development Board shall, subject to appropriation, and subject to direction by the Board of Higher Education, make capital improvement grants to independent colleges in Illinois. The Build Illinois Bond Fund shall be the source of funding for the program.
Eligible grant recipients shall be independent colleges that offer facilities and services in a manner that supports and fulfills the mission of the Board of Higher Education.
Regulations, Guidelines, and Literature Regional or Local Assistance Location Illinois Board of Higher Education 1 N Old State Capitol Plaza, Suite 333 Agency ID Grantee Name Comptroller Name Start Date End Date Amount DePaul University DE PAUL UNIVERSITY 10/19/2023 06/30/2028 43,073,336 Columbia College Chicago COLUMBIA COLLEGE 10/09/2023 06/30/2028 17,748,602 Illinois Institute of Technology ILLINOIS INST OF TECHNOLOGY 09/21/2023 06/30/2028 17,710,498 Aurora University AURORA UNIVERSITY 09/21/2023 06/30/2028 15,418,277 Lewis University LEWIS UNIVERSITY 10/18/2023 06/30/2028 15,400,228
According to the current listing, eligibility includes: Independent colleges offering facilities and services supporting the mission of the Board of Higher Education. Confirm the full requirements in the official notice before applying.
Independent Colleges Capital Investment Grant Program is funded by Illinois Board of Higher Education. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
A compliance roadmap published August 19 lays out what colleges and universities have to certify before the 2026-2027 academic year — and two of the items get almost no attention. FAR 52.222-90 must be flowed into existing contracts by December 31, 2026. And under EO 14282, certification of Section 117 foreign gift compliance is now expressly material to False Claims Act liability and to receiving federal grant funds at all. Here is the full stack, the dates, and what a defensible file looks like.
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